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Budget 2014: Was Osborne right or lucky?

The Chancellor can’t take credit for all of the recovery

By Bronwen Maddox  
George Osborne leaves Downing Street before delivering the 2014 Budget

The 2014 budget played well with the media. © Matt Crossick/Matt Crossick/Empics Entertainment.

With just over a year until the general election, and some kind of recovery under way, one question hangs over the Chancellor’s performance: was he right in the course he set four years ago, or just lucky that the economic tide has turned? “Mainly right—but could have been much more so,” is the best answer to the first. Certainly lucky, should be the answer to the second.

But…

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